Horsepower Sanctuaries

Analysis

Horsepower Sanctuaries is a registered charity in United States, based in Paso Robles, CA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover animal-related, which this site groups under animals. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Horsepower Sanctuaries reported income of $1.2m and spending of $1.6m, spending 137% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income fell from $1.5m to $1.2m (-23%), an average of -6.4% a year. The sharpest change came in the year to May 2022, when income rose by 68%. Over the whole period it spent 84% of the income it received.

Among 14,470 United States charities whose main cause is animals and that reported income, Horsepower Sanctuaries sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within CA. Charities of a similar size with the same main cause include Spay-Neuter Assistance Program of North Carolina Inc ($1.2m), Stray Paws Animal Haven ($1.2m) and Native Fish Society Inc ($1.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 91% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $17k (1.1% of expenses). Other salaries and wages came to $354k. It paid $310k in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $126k, net assets of $6.1m. It reported 10 employees.